Crescent Capital BDC
CCAP
71 hedge funds and large institutions have $253M invested in Crescent Capital BDC in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 5 closing their positions.
844% more call options, than puts
Call options by funds: $661K | Put options by funds: $70K
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
164% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 11
25% more funds holding
Funds holding: 57 → 71 (+14)
18% more capital invested
Capital invested by funds: $214M → $253M (+$39.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.03% less ownership
Funds ownership: 54.24% → 50.2% (-4%)
Top Buyers
| 1 |
First Eagle Investment Management
New York
|
+$14.2M |
| 2 |
CLG
Cooperman Leon G
|
+$6.09M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.72M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$1.58M |
| 5 |
Two Sigma Investments
New York
|
+$1.29M |
Top Sellers
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
-$2.76M |
| 2 |
BlackRock
New York
|
-$1.37M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$1.32M |
| 4 |
Millennium Management
New York
|
-$777K |
| 5 |
AM
Ares Management
Los Angeles,
California
|
-$759K |
CCAP Hedge Fund Activity: Q1 2023 in Review
71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q1 2023, worth a combined $253M — up 18% from $214M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CCAP positions and 5 closed out — a net gain of 15 holders — while 29 added to existing stakes and 11 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $14.2M. The largest seller was Cliffwater, cutting an estimated $2.76M.
- 71 institutional investors held Crescent Capital BDC (CCAP) as of Q1 2023, up from 57 in Q4 2022.
- Funds reported $253M of Crescent Capital BDC stock for Q1 2023, up 18% quarter-over-quarter.
- 20 funds opened new Crescent Capital BDC positions in Q1 2023 and 5 closed out, a net change of +15 holders.
- The largest Crescent Capital BDC buyer in Q1 2023 was First Eagle Investment Management, an estimated $14.2M added.
- The largest Crescent Capital BDC seller in Q1 2023 was Cliffwater, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2023.